On Friday, Shares of SouFun Holdings Ltd. (NYSE:SFUN), lost -5.67% to $6.99.
SouFun Holdings Limited declared its unaudited financial results for the three months ended June 30, 2015.
Second Quarter 2015 Highlights
- Total Revenue raised by 25.4% year-on-year to $210.9 million. Revenue from e-commerce services raised by 119.7% year-on-year to $106.8 million.
- Operating income reduced by 72.7% year-on-year to $22.3 million. Non-GAAP operating income reduced by 71.3% year-on-year to $23.9 million. A description of the adjustments from GAAP to non-GAAP operating income is set forth below.
- Net income attributable to SouFun’s shareholders reduced by 76.3% year-on-year to $16.2 million. Fully diluted earnings per ADS reduced by 73.3% year-on-year to $0.04.
- Non-GAAP net income attributable to SouFun’s shareholders reduced by 72.8% year-on-year to $19.6 million.
- Non-GAAP fully diluted earnings per ADS reduced by 75% year-on-year to $0.04.
- GMV raised by 306.7% from $1.7 billion in the first quarter of 2015 to $6.8 billion in the second quarter. The following table shows GMV by month for the first six months of 2015.
SouFun Holdings Limited operates a real estate Internet portal, and home furnishing and improvement Websites in the People’s Republic of China. The company offers marketing services on its Websites, primarily through advertisements to real estate developers in the marketing phase of new property developments, in addition to real estate agencies; and suppliers of home furnishing and improvement, and other home-related products and services.
Shares of Nokia Corporation (NYSE:NOK), declined -0.44% to $6.78, during its last trading session.
Nokia declared that it is changing its stock symbol (trading code) on Nasdaq Helsinki to NOKIA, effective at the start of trading on Monday, August 10, 2015. The previous stock symbol for Nokia’s shares on Nasdaq Helsinki was NOK1V. Nokia will also change its trading code for its New Shares 2015 from NOK1VM0115 to NOKIAM0115 on Nasdaq Helsinki’s INET trading system. Nokia’s American Depository Shares will continue to trade on the New York Stock Exchange under the stock symbol NOK.
This stock symbol change recognizes Nokia’s 150th anniversary in 2015. After trading on the Helsinki Stock Exchange for 100 years, we are happy to change the stock symbol to NOKIA as we celebrate our remarkable history and continue to transform the company to realize the potential of the Programmable World.
The Nokia of today is the result of two major transformations carried out in recent years: the purchase of Siemens’ share of what was then Nokia Siemens Networks in 2013, followed by the sale of substantially all of the Devices & Services business to Microsoft in 2014.
Nokia Corporation, together with its auxiliaries, provides network infrastructure and related services in Finland, the United States, Japan, China, India, the Russian Federation, Germany, Taiwan, Indonesia, Italy, and internationally.
Finally, Seagate Technology Public Limited Company (NASDAQ:STX), ended its last trade with -3.57% loss, and closed at $49.49.
Seagate Technology Public Limited declared at Gamescom the new 2TB Game Drive for Xbox®, the result of a planned marketing relationship with Microsoft. This new external drive is designed to complement the Xbox color scheme and is set up for an easy plug-and-play connection with an Xbox One™ or Xbox 360® gaming console.
With today’s game installs averaging 35-50GB, space on the console to support a robust library of Xbox games becomes highly valued. With the Seagate® Game Drive for Xbox, you will no longer need to delete games to make more room on the console’s library. The Seagate Game Drive for Xbox is a USB 3.0 connected drive with a green top-case and black body, embossed with both the Xbox and Seagate logos. The compact and portable Game Drive for Xbox enables the capability to take your catalog of downloaded games and achievements for continued game play on any Xbox One or Xbox 360 console1.
Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries.
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